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Jul 29, 2011
07/11
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are big story i read cab meiji traffic delays when expected in marin marin county sheriff's deputy and mather send memorial service will be held today the third straight day the republicans will tried to pass a debt ceiling proposal and we will hope to see of the senator gets it on the floor in a last ditch effort budget effort and police believe they finally found a gun that was involved in a police shooting in the bayview district they said harding pulled of the gun and fired and police returned fire >> now talk of are whether we have a little bit of everything out there >> it depends on where you are and what you will say the fog is pushing through the bay area. you are seeing the fog not a pretty sight. low clouds and fog this morning in land will have sunshine this afternoon and the afternoon highs will be in the '60s-'70s >> the meeting lights have just been turned on at this bay bridge i knew developing hotspot west bound and highway 4 of a car and a big rig involved in an accident involved in the right hand laid out all have more details in my next report will >> we are watchin
are big story i read cab meiji traffic delays when expected in marin marin county sheriff's deputy and mather send memorial service will be held today the third straight day the republicans will tried to pass a debt ceiling proposal and we will hope to see of the senator gets it on the floor in a last ditch effort budget effort and police believe they finally found a gun that was involved in a police shooting in the bayview district they said harding pulled of the gun and fired and police...
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Jul 27, 2011
07/11
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the big concern now, hotspots flaring up overnight. >> reporter: scorching flames shot several feet into the air for hours. the intense fire created a large plume of thick, black smoke that could be seen for miles. from the north and east bays to sacramento, this is how it looked from sky four. fairfield fire investigators believe the fire was sparked after an employee ignited a plastic bin while working with possibly a torch or welder. >> they were working with an open flame object around the bins on the outside of the building. as far as i know, this is something in the normal course of their duties. we used water and a light foam all day long on the plastic bins. the foam helps to cool the fire. it's very effective in putting out fires from hydrocarbon based fuels. >> reporter: firefighters managed to contain the fire to 5 acres had the back lot. approximately 45 employees were working inside the plant at the time the fire broke out. all of them escaped unharmed. jose nunez is an employee and was scheduled to be at work at 4:00. >> it's a lot of fire everywhere, you know. yeah. i don'
the big concern now, hotspots flaring up overnight. >> reporter: scorching flames shot several feet into the air for hours. the intense fire created a large plume of thick, black smoke that could be seen for miles. from the north and east bays to sacramento, this is how it looked from sky four. fairfield fire investigators believe the fire was sparked after an employee ignited a plastic bin while working with possibly a torch or welder. >> they were working with an open flame object...
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Jul 31, 2011
07/11
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. ♪ we just keep on keepin' on ♪ ♪ keep on ...was it something big? ...or something small? ...something old? ...or something new? ...or maybe, just maybe... it's something you haven't seen yet. the 2nd generation of intel core processors. stunning visuals, intelligent performance. this is visibly smart. >>> welcome back to "hardball." time now for the "sideshow." first up, governor rick perry shocked many of us last week voicing support for new york's right to pass a law allowing gay marriage. let's listen. >> that's new york, and that's their business, and that's fine with me. that is their call. if you believe in the tenth amendment, stay out of their business, if you live in some other state or particularly in if you're the federal government. >> no surprise that didn't sit well with perry's supporters. so how about a clarification? >> it's a small group of activists judges, and frankly, a small handful, if you will, of states and these liberal special interest groups that are intent on a redefinition, if you will, of marriage on the nation, for all of us. to not pass th
. ♪ we just keep on keepin' on ♪ ♪ keep on ...was it something big? ...or something small? ...something old? ...or something new? ...or maybe, just maybe... it's something you haven't seen yet. the 2nd generation of intel core processors. stunning visuals, intelligent performance. this is visibly smart. >>> welcome back to "hardball." time now for the "sideshow." first up, governor rick perry shocked many of us last week voicing support for new york's right to...
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Jul 26, 2011
07/11
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so tomorrow evening will be a big vote. the specific times aren't set, but we're into a series of days where these vote showdowns will be more and more important. a lot of the strategy will go behind the scenes. account various sides wrangle people to get them to their side? this will not be easy for either majority leader reid or boehner. >> kelly o'donnell for us, thank you. >>> joining me is congressman henry coyer and adam kinninger. gentlemen, good morning. congressman claire, the president asked the american people to call their congressmen, and we understand that some sites crashed, we're hearing that the server for the house is still down. what are you hearing? >> we're hearing from our constituents to make sure we don't have a default. we have to find a solution in a bipartisan way. i know there's two competing interests here, but i'm hoping that we get together and work something out. >> obviously congressman kinninger, a number of your colleagues said they would not support john boehner's plan, so i'm wondering i
so tomorrow evening will be a big vote. the specific times aren't set, but we're into a series of days where these vote showdowns will be more and more important. a lot of the strategy will go behind the scenes. account various sides wrangle people to get them to their side? this will not be easy for either majority leader reid or boehner. >> kelly o'donnell for us, thank you. >>> joining me is congressman henry coyer and adam kinninger. gentlemen, good morning. congressman...
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Jul 30, 2011
07/11
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one of the big i guess thought processes on both sides is who loses most. if america goes to default. obviously, number one, the american people. but would it be a massive blow to the democrats or more of a blow to republicans? >> i think it will be a blow to both, probably roughly equal, depending on how you look at it. and i believe it would have to lay mostly at the feet of the president. chief executive of the united states. if you can't get a budget together and deal with debt as chief executive of the country, then you're a pretty weak leader. the reality is -- you have to put this in context. the problem isn't the crisis we're going through right now. the problem is the totally unprecede unprecedented, out of control spending we're doing. the president of the united states has come to congress asking them to increase the debt ceiling more than any president has ever asked, ever. i mean this is way beyond any president has ever asked. he wonders, why do they want to reduce spending? because he's asking for a bigger increase in debt than any president
one of the big i guess thought processes on both sides is who loses most. if america goes to default. obviously, number one, the american people. but would it be a massive blow to the democrats or more of a blow to republicans? >> i think it will be a blow to both, probably roughly equal, depending on how you look at it. and i believe it would have to lay mostly at the feet of the president. chief executive of the united states. if you can't get a budget together and deal with debt as...
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Jul 23, 2011
07/11
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you know, we're a big extended family. and to, you know, a lot of those people i'm never going to see again. it's like -- go ahead. >> i'm sorry to interrupt. i know that you take so much pride in the space program and the way that you contributed to it. tell me one of your favorite memories. >> i'll be honest with you, one of my favorite memories was seeing and participating in the first launch of "columbia." if you look at our country's history coming up to "columbia," we had the end of the war in vietnam, you had watergate, you had the iran hostage crisis. there was a real crisis of confidence in our country leading up to that first launch. when we launched "columbia," we gave america something to be proud of. i'm really proud that i had the opportunity to participate in that. obviously over 30 years, i could definitely come up with a lot more. but i think that's out of all the launches that's still my single proudest moment. that we got this vehicle off the ground that wasn't supposed to be able to fly. >> i can see wh
you know, we're a big extended family. and to, you know, a lot of those people i'm never going to see again. it's like -- go ahead. >> i'm sorry to interrupt. i know that you take so much pride in the space program and the way that you contributed to it. tell me one of your favorite memories. >> i'll be honest with you, one of my favorite memories was seeing and participating in the first launch of "columbia." if you look at our country's history coming up to...
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Jul 31, 2011
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today is a very big day, alex. >> trust me, i'm not saying it's done at all. many more hours on the air covering this thing and i expect it to be filled with ranglings. thank you, we'll see you next hour. that's for sure. >>> joining me from washington is eleanor cliff, contributing editor for "the daily beast." >> hi, alex. >> how close do you believe they are to an agreement? >> i think they are close enough to an agreement that we're not going to default, that's as far as i go. it looks like they'll pull it off this afternoon, but i wouldn't put that in writing. because i'm -- you know, they have backed away, and it's posturing at this point. the republicans are sounding more optimistic, because they have been looking like they are the obstructionists, so they don't want to look like they are the bad guys, so they are all cheery about the prospects for a deal. and the democrats are saying, we're not so sure, because the -- the background noise for democrats is the president is giving away too much, so they can't look like they are capitulating easily. more
today is a very big day, alex. >> trust me, i'm not saying it's done at all. many more hours on the air covering this thing and i expect it to be filled with ranglings. thank you, we'll see you next hour. that's for sure. >>> joining me from washington is eleanor cliff, contributing editor for "the daily beast." >> hi, alex. >> how close do you believe they are to an agreement? >> i think they are close enough to an agreement that we're not going to...
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Jul 26, 2011
07/11
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i like to call the big three. medicare, medicaid and social security. in the short material, either deal will probably be enough. really interesting this afternoon, when i was talking to an investor who had met with the ratings agency at standard & poors talking about the downgrade. could it raise interest rates the same way a potential default could. they said the boehner plan probably wouldn't hit the hurried tol prevent a downgrade. even if that was reached, you could still get a downgrade. it is unsure whether that would happen. the reid plan, even though a lot of the parts of that are seen by many as gimmicks, probably would pass that hurdle and you wouldn't get that immediate downgrade. that's an interesting distinction. >> stand by for a moment. i want to bring back kate and jessica. there is a harry reid plan and a john boehner plan. given the stakes involved, why not have these two gentlemen sit down together and sort of reach a compromise? i'll meet you halfway here. you meet me halfway there. let's get
i like to call the big three. medicare, medicaid and social security. in the short material, either deal will probably be enough. really interesting this afternoon, when i was talking to an investor who had met with the ratings agency at standard & poors talking about the downgrade. could it raise interest rates the same way a potential default could. they said the boehner plan probably wouldn't hit the hurried tol prevent a downgrade. even if that was reached, you could still get a...
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Jul 26, 2011
07/11
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a big deal for the giants today. >>catherine: we will be right back. turn left. you have arrived. sweet belt. e-reader for textbooks. gps. hd video cam for lectures. game pad. have you ever considered this ? it's got all that and more than 200,000 apps. technology to learn and play on-the-go. only at verizon. buy one droid 3 by motorola, the thinnest full qwerty smartphone ever for $199.99, and get another one free. >> kimberlee: the cause of death will remain a mystery for turf amy winehouse the autopsy did not declare an official death. the 27 year- old won five grammy awards for the album " back to black " has catapulted to no. 1 on itunes. she died saturday after a long struggle with the alcohol and drug abuse. >> constance is firing back after her daughter cleaned abuse. she sued-claim abuse. >> two teams of hip-hop are bringing the concert tour. kanya west and jay z with be at hd pavilion. and after captain america topped the box office. this comes after other films failed. actsharry potter was in the second place and friends with benefits came in the third. >>catherine: jac
a big deal for the giants today. >>catherine: we will be right back. turn left. you have arrived. sweet belt. e-reader for textbooks. gps. hd video cam for lectures. game pad. have you ever considered this ? it's got all that and more than 200,000 apps. technology to learn and play on-the-go. only at verizon. buy one droid 3 by motorola, the thinnest full qwerty smartphone ever for $199.99, and get another one free. >> kimberlee: the cause of death will remain a mystery for turf amy...
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Jul 23, 2011
07/11
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something, there is a big, big mistake that they made. >> unfortunately in this case, it took a long amount of time to establish information that exxon rated mr. ramirez. >> 29 year old louie sanchez and marvin norwood are behind bars. they are not disclosing the evidence. a third person arrested, a woman suspected of driving the get away car bonded out of the jail yesterday, harris. >> all of this is going othe and the other part is bryan stow. how is he doing? >> he's doing better. he underwent surgery to remove fluid build up on the brain. but his family said he's making improvements and reportedly opened his eyes and mouthed his name. he was repeatedly kicked in the head in the attack and doctors fear he will suffer permanent brain damage as a result and getting better and making progress. >> thank you, casey. >> it is norway's deadliest attack since world war ii. gripping violence coming at the hands of a norwedgian . also urgeency in washington d.c.. congressional leaders from both sides of the political aisle meeting just a short time ago. what came out of the latest round of
something, there is a big, big mistake that they made. >> unfortunately in this case, it took a long amount of time to establish information that exxon rated mr. ramirez. >> 29 year old louie sanchez and marvin norwood are behind bars. they are not disclosing the evidence. a third person arrested, a woman suspected of driving the get away car bonded out of the jail yesterday, harris. >> all of this is going othe and the other part is bryan stow. how is he doing? >> he's...
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Jul 29, 2011
07/11
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. >> it shot a big hole into the company's results. it will years ago, the ceo and russian prime minister agreed to a partnership with the russian state energy concern. the partnership explicitly forbidden under an agreement with the former french joint venture partner. in may, an arbitration panel ordered siemens to pay damages. another big setback came from the company's health-care operations. the invested heavily in new particle beam therapy to treat cancer. now, it has taken a charge after reevaluating the commercial feasibility of the new technology. the company's other main areas -- heavy machinery and rail transport -- remain strong, but russia says that risks in the global economic outlook are increasing. siemens is already feeling the pressure of increased competition in the wind turbine market. >> the u.s. debt crisis is still unresolved. greece is still struggling with its spiraling debt, and concerns about rome's ability to cut its sovereign debt. italy's borrowing costs soared to almost 6%. the auction was conducted in ab
. >> it shot a big hole into the company's results. it will years ago, the ceo and russian prime minister agreed to a partnership with the russian state energy concern. the partnership explicitly forbidden under an agreement with the former french joint venture partner. in may, an arbitration panel ordered siemens to pay damages. another big setback came from the company's health-care operations. the invested heavily in new particle beam therapy to treat cancer. now, it has taken a charge...
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Jul 30, 2011
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it really hasn't fixed a big problem. if we are going to do it give something that gives aus guaranteed vote before the end of the year that we will vote on the big package to fix what we can. laid out and worked out with the simpson bowles, the debt, the gang of six. a group that basically makes sense. >> greta: are both speaker boehner and senator reid's bills creating more trouble later and not solving the problem and just an effort to sort of get something done and even like a band aid to get us to the next step. >> i'm brand new up here but i have always looked and my mind thinks if you have a problem you fix it because you will have another problem tomorrow. if you have a problem and you don't fix it and you put a band aid on it and that scabs maybe doesn't heal up and you got to deal with it again. we do we want to go back and do this again. >> greta: you are not the only ex-governor. senator warner and senator ben nelson as well. >> lamar alexander. john hogan. >> greta: are you sort inform a special club here? yo
it really hasn't fixed a big problem. if we are going to do it give something that gives aus guaranteed vote before the end of the year that we will vote on the big package to fix what we can. laid out and worked out with the simpson bowles, the debt, the gang of six. a group that basically makes sense. >> greta: are both speaker boehner and senator reid's bills creating more trouble later and not solving the problem and just an effort to sort of get something done and even like a band...
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Jul 29, 2011
07/11
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so they're warning the u.s., be careful. >> that is a big deal, pushing us into recession is a big problem. zain, thank you very much. we'll chat with you later. >>> on this day in history back in 1981 i thing you remember this. prince charles and princess diana were married. for those of you keeping track of it. prince william and kate middleton celebrating their three-month anniversary today. ♪ [ engine revving ] [ male announcer ] 125 years ago... we invented the automobile. ♪ and 80,000 patents later, we're still reinventing it. ♪ it's no coincidence that the oldest car company has the youngest and freshest line in the luxury class. mercedes-benz. see your authorized mercedes-benz dealer for exceptional offers on the c-class. ♪ >>> good morning. it's july 29th. this is your a.m. "wake-up call." i'm ali velshi. it's 46 minutes after the hour now. about that vote on thursday, it didn't happen. congress made a liar out of me. there could be a vote today unless there isn't a vote today. here's the current u.s. debt ceiling. $14.3 trillion. i know that. i also know tuesday's deadlin
so they're warning the u.s., be careful. >> that is a big deal, pushing us into recession is a big problem. zain, thank you very much. we'll chat with you later. >>> on this day in history back in 1981 i thing you remember this. prince charles and princess diana were married. for those of you keeping track of it. prince william and kate middleton celebrating their three-month anniversary today. ♪ [ engine revving ] [ male announcer ] 125 years ago... we invented the automobile....
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Jul 28, 2011
07/11
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no big changes on friday. saturday some of those higher clouds must drift off but after that sunday, monday looks like the cooling trend starts again. >> he's keeping an eye on everything. >> i know where he is, i know, i know. >>> a real crime stopper speaks out. >> we've had bikes stolen here before. all i could think about is not this time. >>> why she sprung into action against the bike's theft. >>> and what caused chaos in hollywood and triggers an out of control face off with the police. >>> good morning if you're driving on the shore freeway. you can see traffic moves well but a little foggy in some spots, we'll explain. >>> good morning, low clouds and fog will get back to the coast and keep temperatures there in the 60s. 90s inland and more of the same on friday. maybe high clouds saturday and a cooldown, sunday and monday. >>> here are a quick look at the stories we're following for you. this morning two men were arrested, they were taken off a plane that was bound for san francisco. look at these pi
no big changes on friday. saturday some of those higher clouds must drift off but after that sunday, monday looks like the cooling trend starts again. >> he's keeping an eye on everything. >> i know where he is, i know, i know. >>> a real crime stopper speaks out. >> we've had bikes stolen here before. all i could think about is not this time. >>> why she sprung into action against the bike's theft. >>> and what caused chaos in hollywood and triggers...
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Jul 28, 2011
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we are doing it against big odds because he's got the bully pulpit in the white house. the democrats control the senate. but the house republicans are doing everything they can to steer this debate and we want in the senate, we want to have an opportunity to join them many we hope we will get that chance when the winner -- when the boehner plan comes our way. >> sean: thank you senators. michelle malkin is here. we'll get her reaction to senator reid accusing speaker boehner of caving to the tea party movement and the attacks again the tea party that took place in the "wall street journal" and the weekly standard, coming up. my doctor told me calcium is besabsorbed in small continuous amounts. only one calcium supplement does that in one daily dose. new citracal slow release... continuously releases calcium plus d for the efficient absorption my body needs. citracal. ♪ ♪ i like dat, all right [ male announcer ] mio. a revolutionary water enhancer. add a little...or a lot. for a drink that's just the way you like it. make it yours. make it mio. it's the cleanest, cle
we are doing it against big odds because he's got the bully pulpit in the white house. the democrats control the senate. but the house republicans are doing everything they can to steer this debate and we want in the senate, we want to have an opportunity to join them many we hope we will get that chance when the winner -- when the boehner plan comes our way. >> sean: thank you senators. michelle malkin is here. we'll get her reaction to senator reid accusing speaker boehner of caving to...
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Jul 28, 2011
07/11
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we are doing it against big odds because he's got the bully pulpit in the white house. the democrats control the senate. but the house republicans are doing everything they can to steer this debate and we want in the senate, we want to have an opportunity to join them many we hope we will get that chance when the winner -- when the boehner plan comes our way. >> sean: thank you senators. michelle malkin is here. we'll get her reaction to senator reid accusing speaker boehner of caving to the tea party movement and the attacks again the tea party that took place in the "wall street journal" and the wee [ male announcer ] to the 5:00 a.m. scholar. the two trains and a bus rider. the "i'll sleep when it's done" academic. for 80 years, we've been inspired by you. and we've been honored to walk with you to help you get where you want to be ♪ because your moment is now. let nothing stand in your way. learn more at keller.edu. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in to crabfest at red l
we are doing it against big odds because he's got the bully pulpit in the white house. the democrats control the senate. but the house republicans are doing everything they can to steer this debate and we want in the senate, we want to have an opportunity to join them many we hope we will get that chance when the winner -- when the boehner plan comes our way. >> sean: thank you senators. michelle malkin is here. we'll get her reaction to senator reid accusing speaker boehner of caving to...
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Jul 30, 2011
07/11
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>> i think mitch mcconnell holds a big club. i think in the end -- i had a conversation, i can't tell you who, but a conversation with a conservative but decent enough southern republican conservative senator. he said we are just this close. he thinks we are this close in agreement. he's not one of the six or seven or eight or ten best targets we think we have among republicans. we are eventually going to break this filibuster. i think they'll try their gimmicks. that is what mitch mcconnell lives on. we'll get this to happen. we'll send it back to the house. there, patriotism prevails. even most of the democrats, maybe 150, 160, 170, to join 50 republicans that, not the tea party, but the 50 reasonable republicans. >> do you want to give us the initials, maybe the state of that senator? >> i'm sorry? >> the state of the senator, just the initials? >> no. that would nail it down. i would say southern deep south, wrong side of the civil war. i'm not going to tell you the state. >> senator john thume laid out a plan. take a listen
>> i think mitch mcconnell holds a big club. i think in the end -- i had a conversation, i can't tell you who, but a conversation with a conservative but decent enough southern republican conservative senator. he said we are just this close. he thinks we are this close in agreement. he's not one of the six or seven or eight or ten best targets we think we have among republicans. we are eventually going to break this filibuster. i think they'll try their gimmicks. that is what mitch...
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Jul 29, 2011
07/11
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ceiling clean is the best way to do this, traditional way to do this to where we are now which is how big a deficit reduction package should accompany it. >> well, i think as the speaker of the house is discovering tonight, it is the reality we all live with here in washington, lawrence, which is this is a divided government, a two-party system. nobody gets entirely what he or she wants, and yes, if we had been doing this in the normal way as has been historically done, there would have been a clean debt ceiling vote, which has traditionally been unpleasant vote often for members of congress, but routine, noncontroversial, and certainly not tied to any deficit reduction package or any other measure for that matter. what happens is the speaker of the house made clear and republicans in general that they were linking the willingness to raise the debt ceiling to significant deficit reduction. as you know for a long time, we rejected the link, but because we believe we need to reduce our deficit and get our debt under control. we also worked concurrently as we moved through the spring and int
ceiling clean is the best way to do this, traditional way to do this to where we are now which is how big a deficit reduction package should accompany it. >> well, i think as the speaker of the house is discovering tonight, it is the reality we all live with here in washington, lawrence, which is this is a divided government, a two-party system. nobody gets entirely what he or she wants, and yes, if we had been doing this in the normal way as has been historically done, there would have...
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Jul 28, 2011
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. >> how big a problem is the split in the republican party? and the reason i ask you that is that senator mccain has come out very strongly and angrily today lambasting those on the tea party side of the gop saying that their demands of balancing the budget and so on are completely fanciful. he calls them hobbits. clearly there's a split there amongst some republicans, but is that helpful or a hindrance to trying to get a deal here? >> look, i think the leaders have set terms that i think allow for a type of compromise. the thing the president's been talking most about, which is the importance of making sure that we do not keep the specter of default hanging over our economy narks tha we have a debt limit that's extended into 2013 so we provide some stoernt investors and job creators in our economy, that's something that virtually all of the democratic and republican leadership has called for during most of these negotiations. almost everybody wants some form of a down payment on deficit reduction. almost everybody believes we need to come bac
. >> how big a problem is the split in the republican party? and the reason i ask you that is that senator mccain has come out very strongly and angrily today lambasting those on the tea party side of the gop saying that their demands of balancing the budget and so on are completely fanciful. he calls them hobbits. clearly there's a split there amongst some republicans, but is that helpful or a hindrance to trying to get a deal here? >> look, i think the leaders have set terms that...
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Jul 25, 2011
07/11
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it is a big deal. i think that even if a deal is reached, and i believe there will be one and listening to geithner and members of both sides of the aisle saying that we will not default does not mean that the rating agencies will not downgrade u.s. debt which calls in whole other set of questions from the breadth of the full faith and credit and the collateral issue and the mandate of a lot of of the pension funds and insurance funds to only own triple aç securities is more of the shorter term concern. >> but the longer it goes on, one imagines the longer it affects the markets, and today, all of the markets are down? >> well, it is down, but it is a fairly benign reaction given some of the extreme assumptions of when the asian markets were opening that it is a real disaster. the markets are telling you that they have faith that something is going to get done here and you are seeing it on the equities side and the fixed income side in terms of the ten-year treasury yield, and yeah, it is down, but n
it is a big deal. i think that even if a deal is reached, and i believe there will be one and listening to geithner and members of both sides of the aisle saying that we will not default does not mean that the rating agencies will not downgrade u.s. debt which calls in whole other set of questions from the breadth of the full faith and credit and the collateral issue and the mandate of a lot of of the pension funds and insurance funds to only own triple aç securities is more of the shorter...
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Jul 25, 2011
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why has this become such a big deal? >> i think it's for the same reason you see in the credit agency comments from standard and poors and fitch and moody's, the underlying problem, the high levels of debt, record deficits must be addressed. even if we weren't having this discussion about to raise the debt ceiling or not, we would have to address this problem. this will have happened again at the end of september if it's not resolved here, that's when the continuing resolution ends for this year's funding. this is the underlying issue that has to be addressed. >> senator i wanted to play a little bit of the president's comments at la razza, we think maybe even the thunderstorms interrupted our coverage of that. this is what he had to say. he was very combative. he said we had to deal with taxes in some fashion. we can't deal with spending cuts alone. let me play a little bit for you. >> neither party is blameless for the decisions that led oour debt. but both party haves a responsibility to come together and solve the pr
why has this become such a big deal? >> i think it's for the same reason you see in the credit agency comments from standard and poors and fitch and moody's, the underlying problem, the high levels of debt, record deficits must be addressed. even if we weren't having this discussion about to raise the debt ceiling or not, we would have to address this problem. this will have happened again at the end of september if it's not resolved here, that's when the continuing resolution ends for...
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>> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real cuts they're going to lower the credit rating of the united states for the first time in our history. we've had it since 1917 we've been triple-a. there's a growing sense at top levels here in washington that the chances of a credit rating downgrade is becoming more than just a possibility but moving towards a probability. >> april, for those who haven't been following this as closely as everybody in washington and a lot of other folks have been following it, where do the -- do both plans stand right now? you have harry reids and john boeh
>> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real...
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today is the last day of the big heat here. tomorrow is a cooler day and much better next week. >> for those of us who had to walk through the city yesterday this concrete jungle when you walked past those stores with the air-conditioning blowing out, a second of relief as you walk through it. can i ask you about the humidity danger. we had 104 yesterday as you're saying that's two degrees shy of an all time high. but you know, you add in the humidity, eric, 113, 114 it feels like. how does this make things dangerous? >> it stresses your body. when you sweat you can feel when it's humid it sits on you. when that evaporates in dry air that's how your body cools off. when it's humid outside, you don't get that relief. your body is working harder that's when people succumb to heatstroke and heat related issues. that's what makes this weather so dashlgs. >> eric fisher many thanks. >>> well developing now in europe. a nation in shock this morning after a killing spree claims the lives of at least 91 people apparently carried out by
today is the last day of the big heat here. tomorrow is a cooler day and much better next week. >> for those of us who had to walk through the city yesterday this concrete jungle when you walked past those stores with the air-conditioning blowing out, a second of relief as you walk through it. can i ask you about the humidity danger. we had 104 yesterday as you're saying that's two degrees shy of an all time high. but you know, you add in the humidity, eric, 113, 114 it feels like. how...
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a 100 percent. ♪ >>> our government is too big. we have a government that spends too much, and we're bankrupting future generations, and we're not going to change that until we change this town. and we are falling off a financial cliff and unless we finally do something about this debt, we're placing on the backs of our kids and our grandkids, we'll never recover. >> i won't place one more dollar of debt upon the backs of my kids and grandkids unless we structurally reform the way this town spends money. i'm a freshman, maybe i'm naive, but i don't think unless we force -- unless we force republicans and democrats to balance their books every year, they won't. the only way we can do that is to force them. >> people don't want to be financially responsible, you got to force them to do it. that's the message on the debt ceiling debate being preached this week by tea party republican joe walsh. really, congressman walsh should know. that's pretty much how he became a congressman. when joe walsh launched his bid for congress, it was th
a 100 percent. ♪ >>> our government is too big. we have a government that spends too much, and we're bankrupting future generations, and we're not going to change that until we change this town. and we are falling off a financial cliff and unless we finally do something about this debt, we're placing on the backs of our kids and our grandkids, we'll never recover. >> i won't place one more dollar of debt upon the backs of my kids and grandkids unless we structurally reform the...
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"joe walsh hasn't been a big time wage earner politician until recently. he's had no more problems with child support than any other average guy." sounds like walsh's lawyer is a specialist in deadbeat dads. joe walsh's lawyer, the champion of average guys and deadbeat dads everywhere, cannot explain why the supposedly financially struggling joe walsh was able to loan his 2010 congressional campaign $35,000. nor can joe walsh's deadbeat dad lawyer explain how joe walsh got his hands on $35,000 to loan his campaign $35,000, nor can joe walsh's deadbeat dad lawyer explain why joe walsh's campaign fund has paid him back at least $14,000 for the loan while joe walsh hasn't paid the several years of child support he owes the mother of his first three children. nor can joe walsh's deadbeat dad lawyer explain how the impoverished joe walsh was able to take vacations with his girlfriend in 2004 to mexico and italy while refusing to pay child support. in a court filing in december of last year, laura walsh's attorneys wrote, "the apparent availability of large sums
"joe walsh hasn't been a big time wage earner politician until recently. he's had no more problems with child support than any other average guy." sounds like walsh's lawyer is a specialist in deadbeat dads. joe walsh's lawyer, the champion of average guys and deadbeat dads everywhere, cannot explain why the supposedly financially struggling joe walsh was able to loan his 2010 congressional campaign $35,000. nor can joe walsh's deadbeat dad lawyer explain how joe walsh got his hands...
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>> that would be a big step. and if it didn't succeed, tom, a huge valiant one to two to three to four-month effort at building a movement behind a balanced budget amendment. you know, part two of the boehner plan is there will be another tranche of potential debt ceiling raise down the road -- >> so let me make sure i understand. if you could get the vote, if democrats and republicans say we will have a vote on a balanced budget amendment, even if it failed, you would say this is a victory of a sort and we can move forward? >> it's movement in the right direction. is it enough, tom, for a guy like me right now? no. i need passage out of both houses. i know that's a tall lift. but i really want my leadership to keep pushing for that. and let's see how this plays out. >> all right. well, i understand -- i fully understand your position, the sense that as you said this is a once in 100-year opportunity for people like you to push the way you are. and we'll see how it plays out. congressman, thanks so much for being
>> that would be a big step. and if it didn't succeed, tom, a huge valiant one to two to three to four-month effort at building a movement behind a balanced budget amendment. you know, part two of the boehner plan is there will be another tranche of potential debt ceiling raise down the road -- >> so let me make sure i understand. if you could get the vote, if democrats and republicans say we will have a vote on a balanced budget amendment, even if it failed, you would say this is a...
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>> yeah. >> how big a thing can you balance on your nose? >> i can balance a lot of stuff on my nose. i can balance -- probably nothing in here. >> i'm going to get something at the break. >> i'll start looking for them and if i see something -- on my chin, too. i can do guitars. it's quite amazing, actually. >> i like this theory. i think we'll go to a break and find something you can balance on your nose. >> i did that when you i was 7 years old. i appeared in a -- >> we'll find something up here. >> i will do it right now. >> great. let's have a break, and then we come back to adam levine, the great nose balancer. ♪ let me entertain you ♪ let me make you smile ♪ let me do a few tricks ♪ some old and then some new tricks ♪ ♪ i'm very versatile ♪ so let me entertain you ♪ and we'll have a real good time ♪ [ male announcer ] with beats audio and flash, you can experience richer music and download movies straight to the new hp touchpad with webos. whose long day starts with arthritis pain... and a choice. take tylenol arthri
>> yeah. >> how big a thing can you balance on your nose? >> i can balance a lot of stuff on my nose. i can balance -- probably nothing in here. >> i'm going to get something at the break. >> i'll start looking for them and if i see something -- on my chin, too. i can do guitars. it's quite amazing, actually. >> i like this theory. i think we'll go to a break and find something you can balance on your nose. >> i did that when you i was 7 years old. i...
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share a better life. ...was it something big? ...or something small? ...something old? ...or something new? ...or maybe, just maybe... it's something you haven't seen yet. the 2nd generation of intel core processors. stunning visuals, intelligent performance. this is visibly smart. helps defends against occasional constipation, diarrhea, gas and bloating. with three strains of good bacteria to help balance your colon. you had me at "probiotic." [ female announcer ] phillips' colon health. woman: saving for our child's college fund was getting man: yes it was.c." so to save some money, we taught our 5 year old how to dunk. woman: scholarship! woman: honey go get him. anncr: there's an easier way to save. get online. go to geico.com. get a quote. 15 minutes could save you 15% or more on car insurance. >>> good afternoon. it's wednesday, july the 27th. and here's what's happening. boehner's blunder part deux. the speaker of the house can't get his facts and figures straight. >> putting humpty dump b
share a better life. ...was it something big? ...or something small? ...something old? ...or something new? ...or maybe, just maybe... it's something you haven't seen yet. the 2nd generation of intel core processors. stunning visuals, intelligent performance. this is visibly smart. helps defends against occasional constipation, diarrhea, gas and bloating. with three strains of good bacteria to help balance your colon. you had me at "probiotic." [ female announcer ] phillips' colon...
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two, we have as i said multiple opportunities to compromise and the idea, this big question of whether the president will veto it, the chief of staff says he will do it. we have a statement of administration policy that says he will do it. that doesn't matter. it won't get to the president's desk. there are 58 senators who said they would oppose the boehner bill, which makes it less popular than congressman ryan's budget, than the cut, cap and balance plan everyone knew was dead on arrival in the senate. we have to get rid of the political statements, the political games, and get something done. you just need house republicans be willing to do something other than say, as i read this morning, the boehner bill is take it or leave it, we will stick the default on the president. that's not the way we govern in this country. that's not the right thing to do. >> dan pfeiffer, thank you very much. the very latest from the white house. thanks for coming. >>> if the boehner bill does clear the house as is expected now, senate majority leader harry reid says the senate will vote on it tonight a
two, we have as i said multiple opportunities to compromise and the idea, this big question of whether the president will veto it, the chief of staff says he will do it. we have a statement of administration policy that says he will do it. that doesn't matter. it won't get to the president's desk. there are 58 senators who said they would oppose the boehner bill, which makes it less popular than congressman ryan's budget, than the cut, cap and balance plan everyone knew was dead on arrival in...
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i'm contessa brewer covering the big news coast to coast. the big story we're watching right now, debt, deficit, downgrade, deadlock. there's six more days until the august 2nd debt default deadline. really, does anybody think there's going to be a deal? >> it can pass the house and pass the senate. i hope the president will consider signing it into law. >> the speaker's proposal cannot pass the senate, will not reach the president's desk. >> another day, another delay as washington tries to come up with a debt deal. today's breaking news a bipartisan group did the math on both the duelling democratic and republican debt plans and both come up short on their projected savings goals. democrats put their bill on hold. while republicans scramble to rewrite theirs. >> things are very fluid. >> today's house vote tabled while gop leaders try to get reluctant freshman on board. >> i want a solution, not a deal. i don't think this goes far enough. >> does this keep us in the battle. >> john boehner has a group of people that believe their way is th
i'm contessa brewer covering the big news coast to coast. the big story we're watching right now, debt, deficit, downgrade, deadlock. there's six more days until the august 2nd debt default deadline. really, does anybody think there's going to be a deal? >> it can pass the house and pass the senate. i hope the president will consider signing it into law. >> the speaker's proposal cannot pass the senate, will not reach the president's desk. >> another day, another delay as...
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i'm not a big one on that. we said it last week, many people get great bargains at thrift stores. >> i'm still inspired by your $12 -- then the commute. you've got to drive or catch the bus or something. >> we don't realize when we drive ourself how much it's costing. we've got gas. maintenance on the car. depending on where you work you might have parking. right? one thing would be get a car pool. i know it might not be as fun and independent as having your own car. car pools will cut your cost in half. but public transport. of course, all these things we're talking about are good for the environment. also very good things. fred, before we finish, i just want to say. here's the number one reason people don't do most of these things? >> convenience? >> i'm exhausted. i'm too exhausted. i'm not organized enough. if you're struggling with money, these are things that would make a huge difference in your lives. >> at least $3,000 savings a year with her advice there. you can catch financial fix every saturday 2:00
i'm not a big one on that. we said it last week, many people get great bargains at thrift stores. >> i'm still inspired by your $12 -- then the commute. you've got to drive or catch the bus or something. >> we don't realize when we drive ourself how much it's costing. we've got gas. maintenance on the car. depending on where you work you might have parking. right? one thing would be get a car pool. i know it might not be as fun and independent as having your own car. car pools will...
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the republican party has to rethink is it in favor of big spending cuts? yes. and balancing the budget down the sfrood yes. but you have to look at revenues in some fashion. you cannot be that ideological. >> they have to show the ability to govern. at the end of the day it doesn't matter if they can win a political policy argument. >> we're debating their argument. we're debating how much to cut spending. >> but the trust in them governing is the issue now that they have to overcome. >> and one other thing. i really think that we are underestimating the reaction on the left progressive, whatever you want to call it. the progressive caucus, democrats are really angry at the president. >> where do they go though? it is interesting, normally you'd say maybe there will be a primary challenge, maybe there will be a draft russ feingold, bernie sanders. you couldn't see this show up in the president personally. there's this loyalty to him that he has that seems to bridge that divide between what are progressive elites versus the progressives in public opinion. >> lac
the republican party has to rethink is it in favor of big spending cuts? yes. and balancing the budget down the sfrood yes. but you have to look at revenues in some fashion. you cannot be that ideological. >> they have to show the ability to govern. at the end of the day it doesn't matter if they can win a political policy argument. >> we're debating their argument. we're debating how much to cut spending. >> but the trust in them governing is the issue now that they have to...
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, big entitlements, big taxes. it has led to economic catastrophe. it's led to huge amounts of burden on the american people. >> bill: what economic catastrophe. >> ever since the beginning of the great society as you pointed out trillions of dollars that began the big uptick in deficit spending. some presidents have spent more than others, okay? >> bill: right. >> every time we have run the far left progressive experiment of dog out money whether it's entitlement programs, bill, whether it's going into the inner city and pumping god knows how many hundreds of billions into education, every time we have run those experiments, the exact opposite effect has happened. not only have the poor not been elevated out of poverty, but you have also perpetuated this cult of dependency and victim hood. >> bill: that's pretty true. what you are say something true. >> in the mackenzie survey you are talking about rich is getting richer and poorer getting poorer. that's the failure of trickle down economics. have you seen time an
, big entitlements, big taxes. it has led to economic catastrophe. it's led to huge amounts of burden on the american people. >> bill: what economic catastrophe. >> ever since the beginning of the great society as you pointed out trillions of dollars that began the big uptick in deficit spending. some presidents have spent more than others, okay? >> bill: right. >> every time we have run the far left progressive experiment of dog out money whether it's entitlement...
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a big vote coming this afternoon in the house. members will consider speaker john boehner's debt bill. but even if he can rein in tea party members to get it passed, 51 democratic senators vowed to block it. >> if this debate continues to be driven by the extremes, well, whether we go off the cliff august 2nd or go off the cliff at the end of the year, we'll be at the same place. >> i've got a little rebellion on my hands every day. it comes with the territory. >> you're not worried. >> never let them see you sweat. >> i think we'll end up in a stalemate. i anticipate that the boehner bill will get through the house today after he's pushed his folks kind of hard, and then it will be dead on arrival once it gets to the senate. >> of course, time is running out. default just five days away and things are getting so bad the u.s. treasury is now weighing which bills to pay if the country defaults. michael the correspondent for "washington post," and louise story, according to politico republican leaders are very prepared to say to the
a big vote coming this afternoon in the house. members will consider speaker john boehner's debt bill. but even if he can rein in tea party members to get it passed, 51 democratic senators vowed to block it. >> if this debate continues to be driven by the extremes, well, whether we go off the cliff august 2nd or go off the cliff at the end of the year, we'll be at the same place. >> i've got a little rebellion on my hands every day. it comes with the territory. >> you're not...
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washington can still get big things done. this is about continuing to have a strong economy and continuing to compromise and take maybe a couple chapters out of tip o'neill, bob michael, ronald reagan, president clinton, people that have served in this town with distinction and gotten big things done through compromise. >> shall house republicans said that they've already compromised and that's what the boehner bill is r, it is a compromise. >> i'll let jay do his job. i'm not here to take his job. i'm here to try and put forth the message that in one of the highest unemployment sectors in the country, are where we have friends and neighbors all over the country that are out of work during the construction season, they ought to go back to work. they shouldn't be held hostage. these projects shouldn'ten held hostage. and we have 4,000 faa employees through no -- hard working people who come to work every day and do their jobs. >> you can explain what the bottleneck is with the faa bill from your perspective? >> yes, certainly
washington can still get big things done. this is about continuing to have a strong economy and continuing to compromise and take maybe a couple chapters out of tip o'neill, bob michael, ronald reagan, president clinton, people that have served in this town with distinction and gotten big things done through compromise. >> shall house republicans said that they've already compromised and that's what the boehner bill is r, it is a compromise. >> i'll let jay do his job. i'm not here...
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medicare waub a big piece of this? >> the states are in three places. one, i think they're confident that a deal is going to be struck. they're also just as equally weary that two things would happen. one that there will be a default and that there be a downgrade in their bond ratings and therefore the cost of borrowing is going to increase. and two, they're also concerned about the fact that there's no certainty as to what kind of payments are going to be made for the many state federal partnerships that are out there. whether they be medicaid, transportation or homeland security programs. >> governor, what do they do? you've got to figure out what bills to pay, who to pay, who to furlough, who to owe? >> i think it's pretty good for states to have a spur louse. most of us do in pennsylvania because of investments we made even during the recession as 7.5% unemployment rate and a $600 million surplus. they'll be able to have a little give to cover for a while. the biggest problem is what's going to happen to the recovery. the recovery is not going as fa
medicare waub a big piece of this? >> the states are in three places. one, i think they're confident that a deal is going to be struck. they're also just as equally weary that two things would happen. one that there will be a default and that there be a downgrade in their bond ratings and therefore the cost of borrowing is going to increase. and two, they're also concerned about the fact that there's no certainty as to what kind of payments are going to be made for the many state federal...
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the big story we're watching right now, fast moving developments in the showdown other the debt. there are now just four days until the nation goes to the august 2nd debt deadline. this morning president obama pushed congress to find some sort of compromise. >> what's clear now is that any solution to avoid default must be bipartisan. it must have the support of both parties that were sent here to represent the american people. >> right now house speaker john boehner's frantically trying to tweet his stalled bill to get support from conservatives to get it through the house. >> time is presently short and that is an understatement. >> senator majority leader harry reid's tired of waiting. >> i would ask my friends, my republican friends break away from this thing going on in the house of representatives. >> so today reid's going it alone moving forward with his debt plan. it cuts more than $2 trillion in federal spending and extends the
the big story we're watching right now, fast moving developments in the showdown other the debt. there are now just four days until the nation goes to the august 2nd debt deadline. this morning president obama pushed congress to find some sort of compromise. >> what's clear now is that any solution to avoid default must be bipartisan. it must have the support of both parties that were sent here to represent the american people. >> right now house speaker john boehner's frantically...
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>>> the big story today, boiling point. good afternoon, i'm matt miller in for dylan ratigan as dylan continues book on his upcoming book "greedy bastards." the debt debate coming down to threats, the new deal president obama and speaker boehner are working on reportedly includes $3 trillion in cuts, but only a promise of tax reform matched with triggers to punish each party if congress doesn't follow through. dems will lose a key component of health care reform, the individual mandate. the gop has the bush tax cuts at stake. the president "today show"ing his true feelings about the constant white house meetings on debt. take a listen. >> there's nothing i enjoy more than sitting hour after hour day after day debating the fine points of the federal budget with members of congress. >> a little presidential irony. meantime two other options are doa, the house cut, cap and balance act. it was pretty senseless. they won't take up the mcconnell fallback plan because harry reid wants to see what comes out of the white house. mike
>>> the big story today, boiling point. good afternoon, i'm matt miller in for dylan ratigan as dylan continues book on his upcoming book "greedy bastards." the debt debate coming down to threats, the new deal president obama and speaker boehner are working on reportedly includes $3 trillion in cuts, but only a promise of tax reform matched with triggers to punish each party if congress doesn't follow through. dems will lose a key component of health care reform, the...
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that is a big deal, sean. we have to be careful of that happening. >> talking about a trillion dollars in new revenue. here's the new fuzzy dc math the way it works. >> if 94 was such a terrible failure republicans control the congress for the next 12 years bush for 8 a dismal failure and pals in 2008 won the congress for two years then it quickly switched back again to the republicans. that wasn't a failure that was a great success. the failure is going to happen. in the next 13 days if the republicans buckle. look what happened in minnesota? a friends of mine. >> friend of yours? >> golfing friends of yours. >> yeah. >> so far the house has been great. are they going to hold the line? i don't think they can do it. >> john boehner's backbone is the tea party. he is a chromian backbone with the tea party. he knows if he compromises he is out of the speaker ship next year and paul rhines will be the speaker. >> if there's no compromise he will be out of office. if they want the government to work -- >> republic
that is a big deal, sean. we have to be careful of that happening. >> talking about a trillion dollars in new revenue. here's the new fuzzy dc math the way it works. >> if 94 was such a terrible failure republicans control the congress for the next 12 years bush for 8 a dismal failure and pals in 2008 won the congress for two years then it quickly switched back again to the republicans. that wasn't a failure that was a great success. the failure is going to happen. in the next 13...
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that is the big question whether they will be able to do that. we're told at this meeting they explained the mechanics what would happen in the event of a shutdown. we are also told that they have been assured that there will not be a shutdown or that bondholders will not be honored, probably news of relief to them because they would be stuck holding bad paper, bad promises and that would just be bad period. so, the other details as to what we the public will get to know might be released from the treasury department itself after the market closes, even though that is not necessarily a sure thing. but in the event of a downgrade, all bets are off there. i will leave that off the table for the time-being. let's say we don't meet this deadline, allison, then you're faced with the possibility of the government having to get by on a lot less but not anything. in other words, money is still coming in. we still have taxes taken out of our paycheck and the government will be still getting into the vicinity of 170 to $172 billion each month. unfortunatel
that is the big question whether they will be able to do that. we're told at this meeting they explained the mechanics what would happen in the event of a shutdown. we are also told that they have been assured that there will not be a shutdown or that bondholders will not be honored, probably news of relief to them because they would be stuck holding bad paper, bad promises and that would just be bad period. so, the other details as to what we the public will get to know might be released from...
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really doesn't matter if we don't raise the debt ceiling, we can get through default, it won't be a big deal. now, john boehner doesn't believe that, mitch mcconnell doesn't believe that, but boehnor seems unable to move toward any kind of agreement, partly because he's worried about his own fate in this caucus or he's worried that if he puts together a deal that is supported by too many democrats and not enough republicans, he's also threatened. so i think it's that internal politics in the republican caucus that's blocking this. i think what might happen is that mitch mcconnell may decide to let harry reid pass his plan without threatening a filibuster. now, if he did that, the democrats could get it through with a majority. that's how most democracies do things, but not our senate, and that may set up grounds for a solution. that's about the only thing i could see right now that might begin to get us out of this or at least begin real negotiations again. >> so, speaking of that, of the idea there is, in fact, a majority rule, and that there's so much politics going on here, look, we
really doesn't matter if we don't raise the debt ceiling, we can get through default, it won't be a big deal. now, john boehner doesn't believe that, mitch mcconnell doesn't believe that, but boehnor seems unable to move toward any kind of agreement, partly because he's worried about his own fate in this caucus or he's worried that if he puts together a deal that is supported by too many democrats and not enough republicans, he's also threatened. so i think it's that internal politics in the...
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Jul 21, 2011
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are going up, then how can you say that soda is a driving factor in the obesity, and it seems like a big stretch. >> okay. wow. we will see what happens with the legal action and the debate especially when we look at the numbers for obesity of children and adults in the country, because it is stunning. thank you, kevin, for coming out to tell your side of the story. >> thank for having me. >>> and the fallout of the "news of the world" phone hacking stretching the globe. there are reports that british investigators are looking for potential phone hacking of 31 reporters at 31 different publications. and scotland yard has expanded the investigation to 60 officers, and meanwhile in australia, their government is introducing legislation allowing citizens to sue for serious invasion of privacy. >>> and coming up, alabama followed arizona passing a tougher immigration law to make it against the law to take an illegal immigrant to the hospital. today a civil rights organization filed a lawsuit to challenge the law. and i will talk to the alabama lawmaker who calls the legislation one of the mo
are going up, then how can you say that soda is a driving factor in the obesity, and it seems like a big stretch. >> okay. wow. we will see what happens with the legal action and the debate especially when we look at the numbers for obesity of children and adults in the country, because it is stunning. thank you, kevin, for coming out to tell your side of the story. >> thank for having me. >>> and the fallout of the "news of the world" phone hacking stretching the...
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so that's quite a big "if" there. there's a lot of trust he still think he has with progressives moving into an election maybe because he think everyone's going to get spooked on his side by the choice in an election because this deal right now, the embarrassing piece of it for him is that he.we went out a week a there is no trigger mechanism. the compelling piece is all for republicans to sign on, not for -- democrats to sign on, not for republicans. >> trying to put lipstick on this for some progressive who think it is a pig when he said deep pentagon cuts, the threat of it, is something that can motivate republicans and frankly we are actually seeing many members of the republican party speak up on that issue. >> well, look. the fact is democrats needed something to say that they got some skin in this or got something out of it so they looked and said, well we'll say pentagon on one side, and democrats are tossing medicare in there. when you look at those two things, nobody really wants those two things to be cut.
so that's quite a big "if" there. there's a lot of trust he still think he has with progressives moving into an election maybe because he think everyone's going to get spooked on his side by the choice in an election because this deal right now, the embarrassing piece of it for him is that he.we went out a week a there is no trigger mechanism. the compelling piece is all for republicans to sign on, not for -- democrats to sign on, not for republicans. >> trying to put lipstick...
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that the president moved the goal posts after the gang of six revealed a plan earlier this week and a big reason why the talks broke down. and one of those six, he joins me now. senator, the gang is famous for trying to bridge republicans and democrats and democrats didn't like the fact that you didn't offer enough spending cuts, republicans didn't like the fact that among your ideas was revenue enhancements. what they called automatic tax hikes. but still, it was a bridge. is that bridge now burned and destroyed? >> oh, no, i don't think so at all. as a matter of fact, our plan does not raise taxes. we actually cut the taxes dramatically and the revenue that we allocate is revenue from growth in the economy. which is exactly how we ought to approach it. this is the-- >> wait a minute, wait, didn't that include getting rid of credit and subsidies and the like that would effectively at least here in some states, raise taxes on those individuals to work. >> well, some are arguing that, but we reduce rates far more than we adjust the tax preferences so no matter how you look at it. we have f
that the president moved the goal posts after the gang of six revealed a plan earlier this week and a big reason why the talks broke down. and one of those six, he joins me now. senator, the gang is famous for trying to bridge republicans and democrats and democrats didn't like the fact that you didn't offer enough spending cuts, republicans didn't like the fact that among your ideas was revenue enhancements. what they called automatic tax hikes. but still, it was a bridge. is that bridge now...
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gates hada big role in yes, did. >> gohead. >>ea i think they'll center to try to cut the @@defense buet by, i don't know,@0 -- 50, 100 billion, dollars00 billion is the numbe" i've seen over 10 years. >> okay with reducing the budget? >> yes. >>worry you? >> china -- >> if we don't maintain a@ position of worl military superiority we won't be the number one in the@wod, check? >> if we let our economy down the toilet, we won't be number one in the world@either. and we cat afford this! >> we're not number one militaly in the world -- in @@ our -- in our circumstances. we will still -] @@not be the number one [everyone talki at once] worlds power? next 15 countries we'll still power. number one military [everyone talking at once]@@ >> nal power and counterinsurgency. that where you'll see the >> we center to maintain military superiority ove" everyone to be the worlds's number >>> issue four, brace for impact! ptain chelsea sullenberger visited the aviation museum in north carolina for the arrival of the u.s. airways plane that h
gates hada big role in yes, did. >> gohead. >>ea i think they'll center to try to cut the @@defense buet by, i don't know,@0 -- 50, 100 billion, dollars00 billion is the numbe" i've seen over 10 years. >> okay with reducing the budget? >> yes. >>worry you? >> china -- >> if we don't maintain a@ position of worl military superiority we won't be the number one in the@wod, check? >> if we let our economy down the toilet, we won't be number one...